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Bloomberry profit drops 11% in 1Q on pre-operating expenses, lower chip volume

Bloomberry Resorts Corp., the resorts and casino business of tycoon Enrique Razon Jr., said Tuesday first-quarter net income declined 11 percent to P2.6 billion due mainly to pre-operating expenses of Solaire Resort North, the newest property of the listed company located in Quezon City.

Philippine Seven net income gets boost from expansion, improved customer traffic

Philippine Seven Corp., the listed company that holds the local franchise of convenience store chain 7-11,  posted a 21 percent growth in first-quarter net income to P639.3 million, driven by the continued expansion of the store network and improving customer traffic.

Jollibee 1Q net profit rise 27% on robust sales, efficiency gains

Jollibee Foods Corp., one of the largest Asian food service companies, saw a 27 percent increase in first-quarter net income to P2.62 billion, pushed higher by robust sales and gains from operational efficiencies.

LT Group earnings lifted by bank, beverage businesses in 1Q

LT Group, Inc., the listed investment holding company of the Lucio Tan Group, eked out a slight gain in first-quarter net income to P6.42 billion this year from P6.38 billion in the year-earlier period, buoyed by earnings improvement in its banking and beverage businesses.

Treasury upsizes T-bill, awards P17 billion amid strong demand, lower rates

The Bureau of the Treasury accepted a total P17 billion of bids at the auction of treasury bills Monday, taking advantage of lower rates and strong demand from the market.

Just in

Rollback at the pumps: deep gasolibe price cut offers relief to consumers 

Consumers and business operators across the Philippines can expect mixed relief at the pumps this week, highlighted by a substantial price drop for gasoline products alongside steady to slightly higher diesel rates.

DA upbeat after global event puts PH pineapple, abaca in spotlight

The Philippines sees brighter prospects for its pineapple and abaca products following their successful showcase at the Food and Agriculture Organization’s World Food Forum 2026 in Italy, the Department of Agriculture (DA) said Sunday.

DA launches probe into smuggled vegetables

The Department of Agriculture (DA) is launching a full investigation into reports that allegedly smuggled vegetables are making their way into local markets, raising concerns about fair trade, farmer livelihoods, and food safety.

When the game becomes a bet

There was a time when watching a basketball game largely meant arguing about the referee, questioning the coach’s substitutions, and insisting that the player who missed three free throws should have been benched in the second quarter. These remain perfectly respectable ways to ruin a Sunday afternoon. Of late, however, there is increasingly another reason to get worked up over a game: money.
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